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Comcast price target lowered to $47 from $48 at Bernstein

Bernstein lowered the firm’s price target on Comcast (CMCSK) (CMCSA) to $47 from $48 and keeps a Market Perform rating on the shares. The firm cites updated guidance from the company’s management for the quarter, with greater than anticipated subscriber losses in Q4 2024 and implications for 2025.

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